PSM to become profitable in current financial year
Pakistan Steel Mill's shutdown plants have been made operational.
The Pakistan Steel Mills (PSM) will start earning profit during the current financial year as a result of government's efforts.
A statement issued by PSM said that after the bailout package given by the government, the production has risen to forty five percent of mills' total capacity.
Pakistan Steel's shutdown plants have been made operational. Three hundred thousand tons of iron ore and coal-induction are expected to reach soon to further boost the production.